TechFlow news, September 7 — According to a post by The Rollup founder Andy on X, Fidelity Digital Interest Token (FDIT), a tokenized fund product launched by asset management giant Fidelity, has surpassed $200 million in size, currently reaching $203,685,560. The product is deployed on the Ethereum blockchain and represents tokenized shares of Fidelity's Treasury Digital Fund (FYOXX). Backed by U.S. Treasuries and allowing 1:1 redemption of fund shares, its potential competitor is BlackRock's BUIDL.
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